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Industry Reports

Renewable Energy Potential

Nature has blessed Pakistan with enormous renewable energy potential, yet the energy generation from renewable energy sources remain under-utilized.

At Instaenergy, we are incredibly proud of our achievements and committed to work closely with the local and global RE sectors. We believe that NOT ALL SOLAR IS SAME and have made it our mission to deliver the Most Efficient Solar Solution in Pakistan.

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Development of Renewable Energy in Pakistan.

Alternative Energy Development Board (AEDB)

Since May 2003, the Alternative Energy Development Board (AEDB) is the sole agency working with the Federal Government with the vision to facilitate, promote and encourage the development of Renewable Energy in Pakistan.

The mission is to introduce Alternative and Renewable Energies (AREs) at an accelerated rate. The administrative control of AEDB was transferred to the Ministry of Water and Power in 2006.

Instaenergy takes pride to be an AEDB Certified Solar Power System Vendor & aims to contribute to fulfilling AEDB’s objective to facilitate, promote, and encourage the development of Renewable Energy in Pakistan at an augmented rate.

The Government of Pakistan has mandated AEDB to encourage using AREs in the private sector, assist in achieving sustainable economic growth and encourage transfer of technology.

As per AEDB Act 2010, the goal is to take ARE projects to a commercial scale. AEDB also has to ensure that 5% of total national power generation capacity must be generated through AREs by the year 2030. Under the remote village electrification program, AEDB has a target to give electricity to 7,874 remote villages in Sindh & Baluchistan using renewable energy.

The government has also introduced strong economic incentives to attract investment, remove barriers to project implementation, and hand-hold pioneering projects. The ARE policy of 2019-20, provides a roadmap for realizing the full potential of ARE in Pakistan and promote competitive pricing.

NEPRA

NEPRA was established in 1997 as part of a strategic plan for unbundling the power sector to make it reliable, efficient, and progressive in addition to safeguarding the interests of both producers and consumers. NEPRA performs its functions under the provisions of the NEPRA Act.

In 2020, a total number of 1155 Generation Licenses were issued by NEPRA for Conventional Power Plants, Renewable Energy Projects, Hydropower Projects, and Net Metering. In 2020, the Tariff was determined for successful bidders, through competitive bidding, of two medium-sized Hydropower projects to be constructed in Khyber Pakhtunkhwa. Generation Tariff was introduced for 300 MW Coal-fired Power Plant at Gwadar.

Read Full Annual Reports for 2019 & 2020:

https://nepra.org.pk/publications/Annual%20Reports/Annual%20Report%202018-19.pdf

https://nepra.org.pk/publications/Annual%20Reports/Annual%20Report%202019-20.pdf

Industrial report(nepra)
Business report IEA

IEA – International Energy Agency

The IEA is the global authority for energy efficiency data, analysis, and policy advice. The IEA was created in 1974 to help co-ordinate a collective response to major disruptions in the supply of oil. It operates to support 30 member countries and 8 association OECD countries.

Like other countries, Pakistan is also committed to achieve Net-zero emissions by 2050. IEA analysis is built upon a foundation of activities and focus areas including data and statistics, training, innovation, and international cooperation.

The IEA is at the heart of global dialogue on energy, providing authoritative analysis, data, policy recommendations, and real-world solutions to help countries provide secure and sustainable energy for all.

In 2020, utility-scale additions for PV will increase nearly 3% owing to record high in the United States. China is also expected to construct over 33% more PV capacity than in 2019. Another record for global solar PV additions is anticipated for 2021, with nearly 117 GW installed – a nearly 10% rise from 2020. The increase results from a strong rebound in utility-scale plants outside of China, where the phaseout of subsidies curbs PV expansion such as the South East Asia and Europe.

In the sub-continent region, the PV capacity additions are forecast to be one-third lower in 2020 than in 2019. In the first half of 2020, new PV capacity installations were 70% below the average first-half growth of the previous three years. This drop resulted from a combination of Covid‑19-related supply chain disruptions and construction slow-downs, as well as increased macroeconomic risks. However, according to data analysis conducted by IEA, a rebound in PV deployment is expected for 2021 and 2022, with capacity additions exceeding the 2019 level.

Read the Full report on PV Solar Energy 2020:

https://www.iea.org/reports/renewables-2020/solar-pv

IRENA – International Renewable Energy Agency

With 163 Member countries, IRENA plays a leading role in the energy transformation as a center of excellence for knowledge & innovation, a global voice for renewables, a network hub, and a source of advice and support for countries. It is IRENA’s mission to support countries in their transition to a sustainable energy future.

Detailed, accurate, and timely data and statistics are essential for the monitoring and evaluation of renewable energy policies and deployment. IRENA helps analysts, policymakers and the public make informed decisions by providing access to comprehensive and up-to-date renewable energy data.

In March 2018 IRENA issued a report on Pakistan, which states that “Pakistan is rich in renewable energy potential, and can with this assessment develop policies, investment opportunities and energy development actions to harness it”.

The report shows that declines in solar photovoltaic (PV) technology costs have supported the sector’s growth in Pakistan, with 400 megawatts of solar PV projects in 2015-2016, helping to create over 15,500 local jobs.

In recent years, Pakistan has seen a surge in providers offering a range of solar home system products including solar water pumping systems, solar lighting solutions, and solar water heaters. With more than half of Pakistan’s total population residing in rural areas, millions remain reliant on traditional biomass use. Among Pakistan’s rural population, only half have access to electricity.

IRENA’s assessment presents options for Pakistan to strengthen its policy, regulatory and institutional framework to accelerate renewables deployment by involving the private sector, setting targets, and deploying a comprehensive distributed power plant.

Read full publications on how RE can build prosperity in Pakistan, Mar-Apr 2018:

https://www.irena.org/newsroom/pressreleases/2018/Apr/Pakistan-RRA

https://www.irena.org/publications/2018/Apr/Renewables-Readiness-Assessment-Pakistan

Business report-IRENA
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